On Friday, Time Warner Cable Inc (NYSE:TWC)’s shares declined -1.5% to $184.86.
Time Warner Cable Inc. (TWC) declared five new destinations have been added to its Global Penny Phone Plan’s geographic calling area: Bangladesh, Ecuador, Israel, Pakistan and South Korea. With the expansion of this international calling area, TWC Global Penny Phone Plan customers now can access penny-per-minute rates to 55 countries, to both landline and mobile numbers, and competitive international calling rates to more than 200 countries.
In addition to the Global Penny Phone Plan expansion, TWC has made ongoing enhancements to its Phone product to assist customers seamlessly call around the world at a great value. For example, for $10 per month, TWC Nationwide Unlimited Phone Plan customers now can call anywhere in the U.S., Canada, Puerto Rico, Guam, the U.S. Virgin Islands, Mexico, China, Hong Kong and India.
Time Warner Cable Inc., together with its auxiliaries, provides video, high-speed data, and voice services in the United States. It operates in three segments: Residential Services, Business Services, and Other Operations. The Residential Services segment offers video services, counting video on demand, digital video recorder, and start over and look back services; high-speed data services that comprise communication tools and personalized services, such as email, PC security, parental controls, and online radio services; voice services that comprise unlimited calling in the United States, Canada, Puerto Rico, and Mexico; and IntelligentHome, a security and home administration service. The Business Services segment provides data services, counting Internet access, network services, and wholesale transport services; and video services, such as various video programming tiers and music services.
NCR Corporation (NYSE:NCR)’s shares dropped -4.23% to $25.24.
NCR Corporation (NCR), the global leader in consumer transaction technologies, declared recently that European payments provider CCV is using Authentic, an intelligent payments platform from Alaric, an NCR business. CCV plans to implement Authentic across Europe to support a new state-of-the-art payments processing solution it has developed for its customers, due to go live in December 2015. With the ability to access two synchronized, active processing systems, the payments platform aims to have zero down-time, thereby improving quality of payments services for its 200,000 retail customers across many European countries.
Authentic software is a generalized payment platform that can be used as a consumer payment services hub, payment gateway or device driving application, in addition to conventional card-related switching and authorization. Authentic was chosen by CCV as it provides a flexible payments processing platform on which CCV staff can develop their specific solution.
NCR Corporation, a technology company, provides solutions and services that enable businesses to connect, interact, and transact with their customers worldwide. The company operates through four segments: Financial Services, Retail Solutions, Hospitality, and Emerging Industries. The company offers financial-oriented self-service technologies, such as automated teller machines (ATM), cash dispensers, software solution, cash administration and video banking software, and customer-facing digital banking services, in addition to professional services related to ATM security, software, and bank branch optimization.
At the end of Friday’s trade, ADT Corp (NYSE:ADT)‘s shares dipped -0.88% to $31.58.
The ADT Corporation (ADT) stated its financial results for the third quarter of 2015. The Company stated total revenue of $898 million, an enhance of 5.8%, or 6.2% in constant currency(1), contrast to the third quarter of 2014. Recurring revenue, which made up about 93% of total revenue in the quarter, was $834 million, up 6.2% contrast to the same period last year and up 6.8% in constant currency(1). Recurring revenue growth in the quarter was driven by an enhance in ADT’s new and resale revenue per user, which rose 2.4% over last year to $48.19, the addition of Reliance Protectron Inc. (“Protectron”), strong revenue growth by ADT Business and improved customer retention. Revenue attrition for the quarter improved to 12.4%, an improvement of 10 basis points sequentially and 150 basis points year-over-year. Unit attrition for residential and business improved 20 basis points sequentially, and 120 basis points from last year, ending at 12.3% for the quarter. ADT closed the quarter with 6.6 million customer accounts, a 4.9% enhance over last year. Pre-SAC EBITDA before special items raised by $16 million to $560 million(1), a 2.9% enhance over the preceding year, and pre-SAC EBITDA margin before special items was 66.0%(1). EBITDA before special items reduced by $1 million to $451 million(1), while EBITDA margin before special items was 50.2%(1) for the quarter. EBITDA before special items comprises the impact of about $6.3 million pre-tax related to the formerly revealed change in the way the Company accounts for dealer payments for leads generated through its marketing efficiency program.
The Company stated diluted earnings per share of $0.44 as compared to $0.47 in the preceding year. Not taking into account special items, diluted earnings per share was $0.49(1) as compared to $0.55(1) in the preceding year. The diluted earnings per share of $0.49 also comprises the quarterly impact of about $0.02 per share related to the formerly mentioned marketing efficiency program. Using the Company’s cash tax rate, diluted earnings per share before special items was $0.68(1).
The ADT Corporation provides monitored security, interactive home and business automation, and related monitoring services in the United States and Canada. The company’s monitored security and home/business automation offerings comprise the installation and monitoring of residential and business security, and premises automation systems designed to detect intrusion, control access and react to movement, smoke, carbon monoxide, flooding, temperature, and other environmental conditions and hazards, in addition to address personal emergencies, such as injuries, medical emergencies, or incapacitation.
DTE Energy Co (NYSE:DTE), ended its Friday’s trading session with -1.28% loss, and closed at $83.15.
Peter Oleksiak, DTE Energy senior vice president and chief financial officer, will provide a business update at the Barclays CEO Energy - Power Conference on Thursday, Sept. 10, 2015.
The 30-minute presentation is planned to start at 7:45 a.m. ET.
DTE Energy Company operates in the utility operations. The company’s Electric segment engages in the generation, purchase, distribution, and sale of electricity to about 2.1 million residential, commercial, and industrial customers in southeastern Michigan. It generates electricity through fossil-fuel, hydroelectric pumped storage, and nuclear plants, in addition to wind and other renewable assets. This segment owns and operates about 675 distribution substations; and about 432,900 line transformers. Its Gas segment is involved in the purchase, storage, transportation, distribution, and sale of natural gas to about 1.2 million residential, commercial, and industrial customers in Michigan, in addition to in the sale of storage and transportation capacity. This segment has about 19,000 miles of distribution mains, 1,162,000 service pipelines, and 1,313,000 active meters; and owns about 2,000 miles of transmission pipelines.
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